1. Also boosting interest in Venezuelan equities have been strong earnings. 2. A week-long rally in Venezuelan equities has made some shares overpriced in relation to future earnings, traders said. 3. A weeklong rally in Venezuelan equities has made some shares overpriced relative to future earnings, traders said. 4. Concern is mounting that Venezuelan equities have become relatively expensive relative to the potential for corporate earnings this year, traders said. 5. Foreign investors are attracted to Venezuelan equities as the economy shows signs of emerging from a four-year slump. 6. Foreign investors are returning to Venezuelan equities after the government lifted all restrictions on the buying and selling of dollars last month. 7. Foreign mutual funds had already boosted their weighting in Venezuelan equities in anticipation of the sale. 8. Foreign investors generated a rally in Venezuelan equities earlier this year. 9. Foreign investors were largely responsible for a boom in Venezuelan equities last year when the domestic market was among the best performing in the developing world. 10. Foreign investors were responsible for an earlier rally in Venezuelan equities. |